Fifth Third Appoints Jorge L. Benitez to Bancorp Board of Directors
May 29 2015 - 2:34PM
Business Wire
Fifth Third Bancorp (NASDAQ: FITB) today announced the
appointment of Jorge L. Benitez to the Bancorp Board of
Directors.
“Jorge will be a great addition to the Board and we welcome
him,” said James P. Hackett, chairman of the Fifth Third Bancorp
Board. “He brings broad experience from his 33-year career at
Accenture, including serving as chief executive for North
America.”
Benitez served clients in the chemicals, energy, retail,
automotive, consumer goods and services and life sciences
industries before retiring from Accenture in 2014. His skills and
expertise include large-scale transformations, enterprise system
implementations, change management and leadership development.
“Jorge’s extensive background in providing consulting services
in a variety of industries fits extremely well with our existing
and emerging commercial client base,” said Kevin T. Kabat, vice
chairman and CEO of Fifth Third Bancorp. “He has been successful
both in business and in his service to the community, and has deep
roots in Florida, where the Bank has a major presence.”
Benitez has served on multiple boards and forums, including The
Business Roundtable, the U.S. Chamber of Commerce Board, Chief
Executive 50, Global 100, Change the Equation Board, the Business
for Higher Education Forum, the Leukemia and Lymphoma Society Board
and the Warrington School of Business at the University of Florida.
Benitez also is a graduate of that university.
Over his long career, Benitez has been recognized for his impact
on business and the Latino community. Hispanic Business Magazine
named him to its 2011 Top 25 Corporate Elite, and in 2004, he was
selected as one the 100 most influential Hispanics in the United
States. Diversity Inc. recognized him as one of its “People on the
Move” in 2011, and in 2012, he was welcomed into the U.S. Hispanic
Chamber of Commerce CEO Circle.
“I’m pleased to be a part of such a well-managed financial
institution,” Benitez said. “I respect Fifth Third’s commitment to
the communities that it serves, and look forward to working with
the Board of Directors and contributing my experience and
perspective.”
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2015, the
Company had $140 billion in assets and operated 15 affiliates with
1,303 full-service Banking Centers, including 101 Bank Mart®
locations, most open seven days a week, inside select grocery
stores and 2,637 ATMs in Ohio, Kentucky, Indiana, Michigan,
Illinois, Florida, Tennessee, West Virginia, Pennsylvania,
Missouri, Georgia and North Carolina. Fifth Third operates four
main businesses: Commercial Banking, Branch Banking, Consumer
Lending, and Investment Advisors. Fifth Third also has a 22.8%
interest in Vantiv Holding, LLC. Fifth Third is among the largest
money managers in the Midwest and, as of March 31, 2015, had $308
billion in assets under care, of which it managed $27 billion for
individuals, corporations and not-for-profit organizations.
Investor information and press releases can be viewed at
www.53.com. Fifth Third’s common stock is traded on the NASDAQ®
Global Select Market under the symbol “FITB.” Fifth Third Bank was
established in 1858. Member FDIC.
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Fifth Third BancorpLarry Magnesen, 513-534-8055
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